Electrovaya Cash And Short Term Investments from 2010 to 2024

ELVA Stock   2.36  0.04  1.72%   
Electrovaya Common's Cash And Short Term Investments are decreasing over the years with slightly volatile fluctuation. Cash And Short Term Investments are expected to dwindle to about 882.4 K. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1997-12-31
Previous Quarter
1.1 M
Current Value
533.9 K
Quarterly Volatility
8.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Electrovaya Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electrovaya Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 663.9 K, Total Revenue of 52.4 M or Gross Profit of 13.5 M, as well as many indicators such as Price To Sales Ratio of 2.41, Dividend Yield of 0.0 or PTB Ratio of 16.18. Electrovaya financial statements analysis is a perfect complement when working with Electrovaya Common Valuation or Volatility modules.
  
Check out the analysis of Electrovaya Common Correlation against competitors.

Latest Electrovaya Common's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Electrovaya Common Shares over the last few years. Short Term Investments is an account in the current assets section of Electrovaya Common Shares balance sheet. This account contains Electrovaya Common investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Electrovaya Common Shares fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Electrovaya Common's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Electrovaya Common's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Electrovaya Cash And Short Term Investments Regression Statistics

Arithmetic Mean2,250,116
Geometric Mean1,364,076
Coefficient Of Variation93.11
Mean Deviation1,808,252
Median1,032,000
Standard Deviation2,095,053
Sample Variance4.4T
Range6.2M
R-Value(0.57)
Mean Square Error3.2T
R-Squared0.32
Significance0.03
Slope(266,903)
Total Sum of Squares61.4T

Electrovaya Cash And Short Term Investments History

2024882.4 K
2023928.8 K
2022M
2021626 K
20204.2 M
20191.1 M
2018333 K

About Electrovaya Common Financial Statements

Electrovaya Common stakeholders use historical fundamental indicators, such as Electrovaya Common's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Electrovaya Common investors may analyze each financial statement separately, they are all interrelated. For example, changes in Electrovaya Common's assets and liabilities are reflected in the revenues and expenses on Electrovaya Common's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Electrovaya Common Shares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments928.8 K882.4 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Electrovaya Common Shares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Electrovaya Common's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Electrovaya Common Shares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Electrovaya Common Shares Stock:
Check out the analysis of Electrovaya Common Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electrovaya Common. If investors know Electrovaya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electrovaya Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.02
Revenue Per Share
1.433
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0318
Return On Equity
0.087
The market value of Electrovaya Common Shares is measured differently than its book value, which is the value of Electrovaya that is recorded on the company's balance sheet. Investors also form their own opinion of Electrovaya Common's value that differs from its market value or its book value, called intrinsic value, which is Electrovaya Common's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electrovaya Common's market value can be influenced by many factors that don't directly affect Electrovaya Common's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Electrovaya Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrovaya Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrovaya Common's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.